$ZEC
is sitting at an interesting decision point.
The 12H chart is showing a wedge structure, and the key level for the bulls is around $1,266.
If $ZEC continues to hold that area and breaks out of the wedge with strength, the next major upside level on this setup is around $2,132.
That would be a pretty serious move from here.
But I wouldn't chase the breakout blindly. The important part is seeing how price reacts around $1,266 and whether the breakout comes with real momentum and volume.
Lose that support, and the bullish setup starts looking much weaker.
For now, $1,266 is the level I'm watching.
Breakout confirmed â $2,132 becomes the bigger target. đ
Not financial advice. Just watching the chart.
is sitting at an interesting decision point.
The 12H chart is showing a wedge structure, and the key level for the bulls is around $1,266.
If $ZEC continues to hold that area and breaks out of the wedge with strength, the next major upside level on this setup is around $2,132.
That would be a pretty serious move from here.
But I wouldn't chase the breakout blindly. The important part is seeing how price reacts around $1,266 and whether the breakout comes with real momentum and volume.
Lose that support, and the bullish setup starts looking much weaker.
For now, $1,266 is the level I'm watching.
Breakout confirmed â $2,132 becomes the bigger target. đ
Not financial advice. Just watching the chart.
